Last week I showed a study that suggested the 1/18/11 move to new highs on strong volume suggested more upside was likely in the next couple of weeks. Despite a quick initial dip, the market has recovered nicely and is again making new highs. But this …

This post is the 6th in the series “Using Quantifiable Edges to your Advantage”. In the last two posts I’ve discussed 1) combining historical edges to develop a market bias, and 2) factoring in overbought/oversold measures to improve risk/reward. So no…

Just a quick note that tomorrow is a Fed Day.  Fed Day’s have strong tendencies, though the tendencies vary greatly depending on the environment and the short-term market setup.  I have published a large number of studies on Fed Days.  I…

This post is the next in the series “Using Quantifiable Edges to your Advantage”. The last post discussed how I combine studies to help establish a bullish or bearish bias. Today I will discuss how I factor in overbought/oversold readings when consider…

Wednesday was the first significant day of selling in a while.  The gap down in the SPY never filled and the market dropped for most of the day.  Below is a study that examines SPY perfromance following other instances of unfilled gaps down f…

Tuesday’s rally came on the highest NYSE volume in 20 days. This is something I examined in last night’s Letter. One filter I’ve found helpful in the past is excluding op-ex Fridays since they will so often post extremely high volume. Below is a …

This post is the next in the series “Using Quantifiable Edges to Your Advantage”. The first few posts examined how I lay out the studies, and what I look for when examining results that would make a study compelling. Today I will touch on what it means…

Last year I showed how the SPX has performed after the first day of the year was positive. Often you see a couple more days of upside followed by a selloff. In fact, there has been quite a streak of January dips after strong first days. Below are the l…

This post will be the third in the series that looks at using quantifiable edges to your advantage. Today I will discuss considerations I use that help determine whether a study is compelling and whether I want to include that study in my analysis. I w…

Happy New Year! Before starting my 2011 posts I thought I would provide a list of Quantifiable Edges highlights from 2010. I have selected below a post from each month of 2010 to serve as a sort of “Best Of” list. There are also a few highlights me…